QuinStreet Inc (NASDAQ: QNST) has seen a rise in its stock price by 4.30 in relation to its previous close of 19.77. However, the company has experienced a 3.57% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-17 that Does QuinStreet (QNST) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Is It Worth Investing in QuinStreet Inc (NASDAQ: QNST) Right Now?
Additionally, the 36-month beta value for QNST is 1.11. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 1 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for QNST is 50.46M and currently, short sellers hold a 4.01% ratio of that float. The average trading volume of QNST on September 25, 2024 was 417.72K shares.
QNST’s Market Performance
The stock of QuinStreet Inc (QNST) has seen a 3.57% increase in the past week, with a 10.68% rise in the past month, and a 33.03% gain in the past quarter. The volatility ratio for the week is 3.36%, and the volatility levels for the past 30 days are at 4.35% for QNST. The simple moving average for the last 20 days is 6.96% for QNST stock, with a simple moving average of 26.62% for the last 200 days.
Analysts’ Opinion of QNST
Many brokerage firms have already submitted their reports for QNST stocks, with Craig Hallum repeating the rating for QNST by listing it as a “Buy.” The predicted price for QNST in the upcoming period, according to Craig Hallum is $22 based on the research report published on June 18, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see QNST reach a price target of $21.50. The rating they have provided for QNST stocks is “Buy” according to the report published on April 19th, 2024.
B. Riley Securities gave a rating of “Buy” to QNST, setting the target price at $19 in the report published on November 30th of the previous year.
QNST Trading at 11.08% from the 50-Day Moving Average
After a stumble in the market that brought QNST to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.59% of gains for the given period.
Volatility was left at 4.35%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares surge +4.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.68% upper at present.
During the last 5 trading sessions, QNST rose by +3.52%, which changed the moving average for the period of 200-days by +64.75% in comparison to the 20-day moving average, which settled at $19.33. In addition, QuinStreet Inc saw 60.84% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QNST starting from Wong Gregory, who sale 41,855 shares at the price of $18.66 back on Sep 12 ’24. After this action, Wong Gregory now owns 383,352 shares of QuinStreet Inc, valued at $780,829 using the latest closing price.
Wong Gregory, the Officer of QuinStreet Inc, proposed sale 41,855 shares at $18.65 during a trade that took place back on Sep 12 ’24, which means that Wong Gregory is holding shares at $780,693 based on the most recent closing price.
Stock Fundamentals for QNST
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.08 for the gross margin
The net margin for QuinStreet Inc stands at -0.05. The total capital return value is set at -0.12. Equity return is now at value -14.03, with -8.88 for asset returns.
Based on QuinStreet Inc (QNST), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 1.1. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is -298.56.
Currently, EBITDA for the company is -4.11 million with net debt to EBITDA at 10.65. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 5.49for trailing twelve months and the total asset turnover is 1.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In conclusion, QuinStreet Inc (QNST) has seen better performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
